Senate sends president bill extending Paycheck Protection Program

The Senate yesterday voted 92-7 to pass and send to the president legislation (H.R. 1799) to extend the Paycheck Protection Program through June 30. The president is expected to sign the bill, which will allow applications through May 31. Without the extension, the program would expire March 31.
The Coronavirus Aid, Relief, and Economic Security Act created the PPP to provide forgivable loans to help eligible small businesses keep workers on the payroll during the COVID-19 emergency. The American Rescue Plan Act provided an additional $7.25 billion for the program and clarified affiliation rules so that 501(c)(3) organizations that employ 500 or fewer employees per physical location are eligible to participate.
Related News Articles
Headline
The federal government shut down Oct. 1 following a failed Senate vote on the House-passed continuing resolution to fund the government by midnight Sept. 30.…
Headline
The Food and Drug Administration today issued a request for public comment on a series of questions regarding current approaches to evaluating artificial…
Headline
The AHA Sept. 24 expressed support for the Medical Student Education Authorization Act (H.R. 5428), legislation introduced in the House Sept. 17 that would…
Headline
The Food and Drug Administration yesterday announced that Olympus issued a global recall of its ViziShot 2 FLEX needles manufactured prior to May 12 following…
Headline
The Advisory Committee on Immunization Practices Sept. 19 recommended that patients should consult their health care provider if they want to receive a COVID-…
Headline
The AHA expressed support Sept. 22 to House and Senate sponsors of the Medicare Advantage Prompt Pay Act (H.R. 5454/S. 2879), legislation that would apply a…